{
  "ticker": {
    "uuid": "57a7976b-f02a-4759-8ec8-aa0658cefffa",
    "symbol": "CMSINFO",
    "name": "CMS Info Systems Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.052,
    "architecture_energy": 52.377,
    "architecture_maturity": 16.15,
    "architecture_confidence": 85.258,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 27.77,
        "rotation_up": 14.71,
        "upward_expansion": 9.15,
        "deceleration": 44.77,
        "rotation_down": 59.88,
        "downward_expansion": 80.15
      },
      "activity_lines": [
        270.396665,
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        288.790495
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 273.149994,
    "trend_reference": 295.89873,
    "distance_from_trend": -0.07688,
    "trend_direction": "Weakening",
    "fair_value": 402.802723,
    "distance_from_fair_value": -0.321876,
    "fair_value_direction": "Weakening",
    "relative_strength": -16.177491,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.154586,
    "excess_performance": -0.110877,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.07688,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.069107,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.321876,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.033732,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.161775,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.046042,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.154586,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.420848,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2743862,
      "relative_activity": 1.175734,
      "balance": 1.420848,
      "dry_up": 1.211302,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.057787,
      "annualized_volatility": 0.253797,
      "from_high_reference": -0.390846,
      "from_low_reference": 0.070547
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    "levels": {
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      "fair_value_reference": 402.802723,
      "structural_low": 255.149994,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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        "horizon": "Near term",
        "sample_count": 14,
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        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
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        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "date": "2026-04-17",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
        "close": 273.899994,
        "volume": 2391500,
        "typical_volume": 2357663.4,
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        "fair_value": 403.968305,
        "relative_strength": -14.894286,
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      },
      {
        "date": "2026-07-31",
        "close": 263.700012,
        "volume": 2641083,
        "typical_volume": 2358979.05,
        "trend": 297.839544,
        "fair_value": 403.27965,
        "relative_strength": -19.27099,
        "stage": 4,
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        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.777699,
        "energy": 76.074547,
        "activity_lines": [
          269.36,
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      },
      {
        "date": "2026-08-07",
        "close": 273.149994,
        "volume": 2743862,
        "typical_volume": 2333743.7,
        "trend": 295.89873,
        "fair_value": 402.802723,
        "relative_strength": -16.177491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.051735,
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      }
    ],
    "method": {
      "price_basis": "completed market observations",
      "trend": "Trend provides the primary directional reference.",
      "fair_value": "Fair Value provides long-term price context and is not a forecast or target.",
      "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.",
      "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read."
    }
  }
}